Jeff Theis
07/17/2023
06/09/2018
Selling Your House on Your Own Could Cost You In this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO). They rationalize that they don’t need a real estate agent and believe that they can save the fee for the services a real estate agent offers.
Home sales in Kansas are up 2.9% compared to the same period last year. National sales fell by 1.4% over 2017.
An increase in home prices across Kansas follows the trend in our region and nation. The statewide average sale price in April was $203,895 a 5.7% increase over last year. Prices in the Midwest rose 4.6% and in the US prices rose 5.3%.
Mortgage rates continue to climb steadily. The national average commitment rate on 30-year conventional mortgage for the week ending May 24, 2018 was 4.66. View Freddie Mac’s report.
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